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re: Seeking advice from the 60+ OT crowd

Posted on 5/22/24 at 10:25 pm to
Posted by chrome_daddy
LA (Lower Ashvegas)
Member since May 2004
2093 posts
Posted on 5/22/24 at 10:25 pm to
In my late 40's I built a detached garage on my place. 1,200 sq foot metal building, 15 ft in the center for a lift, insulated. Always liked to work on cars, build things, wanted a space better than a 2-car garage.

Of course, not just for working on things. Stereo and big screen for Tiger sports.

Only wish I'd built one earlier.
Posted by tokenBoiler
Lafayette, Indiana
Member since Aug 2012
4444 posts
Posted on 5/22/24 at 10:29 pm to
Save more money.

Exercise more than you think you need, and make it a hard-core, unstoppable habit.

Enjoy your family and life in general.
Posted by Coach Yo
New Orleans
Member since Apr 2004
394 posts
Posted on 5/22/24 at 10:40 pm to
My advice for your 50’s is to keep living life. I didn’t really have any significant lifestyle changes. Our kids got older, so they became more independent and started going to college. We did more traveling and went more places on family vacations. It was fun.
From a professional standpoint, I think you hit your peak in your 50’s. You have more experience, confidence and “wisdom.” Take advantage of it. And stay in shape. It makes a difference.
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
29333 posts
Posted on 5/22/24 at 10:41 pm to
It’s cheaper to keep her
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63873 posts
Posted on 5/22/24 at 11:36 pm to
quote:

Buy a lot of land in a very rural area,


Old people always be at the medical clinics though. Sure it's a good idea to live in a remote place during your golden years?
Posted by Auburn1968
NYC
Member since Mar 2019
20019 posts
Posted on 5/23/24 at 12:31 am to
I'm 77 and still in far better shape than most at my age. The thing I didn't anticipate was all of my long time clients and their clients retiring. Doing animation is not physical work so I could still be working, but the ring of working connections faded away.
Posted by llfshoals
Member since Nov 2010
15601 posts
Posted on 5/23/24 at 12:39 am to
Try and keep the weight off, as has been said the older you get the more difficult that gets.

Have a hobby, fishing, golf, whatever. Just have one, if your wife likes it too, bonus. After you retire you’ll have time to fill, hobbies are great ways to do it.
Posted by LA Lightning
Member since Jun 2023
188 posts
Posted on 5/23/24 at 2:45 am to
1. Institute a religious habit of meticulous dental care. Good mouthwash, floss, brush.

2. Repeat step one. Not just once a day.

3. See dentist regularly for cleaning and cavity checks.

4. Cut out sweets, candy, cola and sugary drinks.

As for physical things, stay active. But expect the warranty to expire at 60.

Posted by ItNeverRains
37069
Member since Oct 2007
25884 posts
Posted on 5/23/24 at 3:53 am to
quote:

Buy a lot of land in a very rural area,


This. And start looking in your late 40’s early 50’s, because it’s not always easy to find the ideal parcel desired.
Posted by Mo Jeaux
Member since Aug 2008
59461 posts
Posted on 5/23/24 at 4:56 am to
quote:

Start cutting back on your sweets and be cognizant of your diet as you will hear the words pre diabetes and then it moves very quick into Type 2.


This has nothing to do with age. This happened because you were a fat, lazy frick.
Posted by Naked Bootleg
Member since Jul 2021
1886 posts
Posted on 5/23/24 at 4:56 am to
quote:

Stretch, lift weights, and contribute craploads toward retirement.


100%.

And just as important: make the time to do what you enjoy doing, even if it makes those around you a little put out. Life is too short and time never stops going by fast. Neglecting to find and relish that inner happiness is what you'll regret when you're older.
Posted by Shanegolang
Denham Springs, La
Member since Sep 2015
3610 posts
Posted on 5/23/24 at 5:11 am to
Only 58 here but will say, start REALLY concentrating on your health if you haven't already. You're going to start hurting a LOT more. Enjoy the family, grand kids! The clock tics faster and the sand is filling the bottom quicker!
Posted by jake wade
North LA
Member since Oct 2007
1728 posts
Posted on 5/23/24 at 5:11 am to
Most likely yours kids will be grown and gone by 60. I urge you to take up as much time as you can with them while they are still home.
Don’t be like me wishing I could go back and spend more time with them.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
263197 posts
Posted on 5/23/24 at 5:24 am to
quote:


Old people always be at the medical clinics though. Sure it's a good idea to live in a remote place during your golden years?


Sure. I know a lot of folks who do. You have to take some risks in life to live it your way.

Being tethered to a city just in case, sounds miserable.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
263197 posts
Posted on 5/23/24 at 5:32 am to
quote:

At 55 I still felt like “I was as good once as I ever was”.


I got diagnosed with Leukemia at 54, went through treatment for two years about three years ago, and that was the thing that got me.

I'm not the same, not sure I will be the same. But I'll be the best copy of what I am.

Posted by CajunPhil
Chimes
Member since Aug 2013
664 posts
Posted on 5/23/24 at 5:37 am to
quote:

Make sure you are saving every spare dime for retirement. And then when you hit 62….get out.


Next to eating lots of fruits and vegetables, this is the best advice you can get. Scrimp and put every penny you can scrape up when you are in your 30sor even 40s and 50sinto a retirement fund suchl as a Roth IRA at a good financial management firm. Think index funds. Don’t try to time the market, this is where everyone makes their mistakes. Unless you have true insider information from an employer anticipating bad times, avoid short sales…bodies of ppl Failing to meet margin calls litter the gutters of Wall St. I’ve done consulting and market research for firms that believed that they had the next big thing. Most were wrong. Consider allowing a good financial firm to manage your retirement accounts. The fees are likely offset by superior returns. Back to sentence 1: start putting more than you think you can afford into retirement funds in your lifetime 30s , 40s even 50s. Every penny in your 50s will outweigh investments made later. Drive a car until the wheels fall off, then buy as old a used car as you can find. I’ve worked with people who replaced new cars every two or three years who don’t have a pot to piss in when they retire.

TL/DR: learn to read.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18963 posts
Posted on 5/23/24 at 5:40 am to
quote:

This happened because you were a fat, lazy frick.


Here we were having a nice, friendly chat on the OT and along you came and ruined it. Damnit man.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
66204 posts
Posted on 5/23/24 at 6:17 am to
quote:

Stretch
This

Not kidding, like this should be at least 20-30 minutes of each and every day.

You can multitask whilst doing it (to some degree).

Flexibility, pliability.

And, it goes without saying, do not be a fatty.
Posted by RoyalWe
Prairieville, LA
Member since Mar 2018
3200 posts
Posted on 5/23/24 at 6:19 am to
And don't just put it in a 401(k) or IRA. Have some money in a regular brokerage account or another accessible account where if you want to retire early you can "bridge the gap" until you can tap your retirement funds. (Yes, I know there are ways to do it without penalty, but they are not good solutions for everyone)
Posted by TSmith
New Orleans, La.
Member since Jan 2004
1670 posts
Posted on 5/23/24 at 6:26 am to
My dad, who is about to turn 86, always tells me, “son, you better be doing what you want to be doing before it’s too late”.

Take from that what you will.
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